China's Crude Oil Imports Surge to Record High

By Jason Simpkins China’s crude oil imports climbed 39% to a record high last month, and Saudi Arabia was the nation’s largest...

Turkish Retailer Up for Bid

From Staff Reports Carrefour SA, Europe’s largest retailer, and its Turkish partner, Sabanci Holding AS, may make a bid for Turkey’s...

Blackstone Says Credit Crunch Won't Halt India Deals

From Staff Reports The Blackstone Group LP (NYSE: BX), the world's largest private-equity fund, said its buyout projects in India will not be...

The China Connection: Why Dubai is Really Interested In MGM

By Keith Fitz-Gerald Contributing Editor As I’m sure we’ve all seen, the Dubai government – through its Dubai World investment...

China's Mobile Phone Competition Will Escalate as Business Grows

By Mike Caggeso China Mobile Ltd. (NYSE: CHL), the world’s largest cell phone provider, continues to pummel its competition. Last week, the...

China Moves to Enable Individuals to Buy Hong Kong Shares

From Staff Reports  Beijing's decision to allow individual mainland investors to trade directly in Hong Kong-listed shares could funnel tens of...

Wm Wrigley Capitalizing on Innovation, Global Reach

From Staff Reports Brokerage Bear Stearns Cos. (NYSE: BSC) yesterday (Tuesday) upgraded gum-and-candy maker Wm Wrigley Jr. Co. (NYSE: WWY) to...

U.S. Foreclosures Soar 93 Percent

From Staff Reports The number of U.S. foreclosure filings reported for July were up 93% over the same month last year, the latest sign that...

China's Blazing Economy Demands Fourth Rate Hike in Five Months

By Jason SimpkinsStaff Writer Desperate to try and cool off an economy that’s grown at 10% or better for four straight years, China’s central...

The Fed Has Learned Balance, as it Aids Market Recovery

All things considered, U.S. central bank chief Ben S. Bernanke and the Federal Reserve have so far demonstrated a tremendous amount of restraint amid...

Europe, Japan and U.S. Central Banks Inject More Cash Into Markets

From Staff Reports Central banks in Europe, Asia and the U.S. injected more cash into the global financial markets yesterday (Tuesday), in a...

Where are the subprime bodies buried?

By Martin HutchinsonDirector of Global Investing Research  When the subprime mortgage crisis broke in February, I assumed (like most others) that...

Countrywide and SunTrust to Start Layoffs

Three more major U.S. mortgage lenders announced major job reductions...

Dow Rallies After Early Concerns Subside

By Jason Simpkins Staff Writer U.S. stocks posted moderate gains yesterday (Monday) – rebounding from early setbacks – as still-fretting...

As China Soars, Prices Are Rising More Than Most Realize

For all the talk of China's high-speed economy, there's been little real discussion of the way prices for certain goods have...

In Japan, Bad News Could be Good News for Investors

By Martin Hutchinson Director of Global Investing Research When Shinzo Abe, Japan's prime minister, suffered an election defeat recently, some...

Fed Cuts Discount Rate; Stocks Rebound

By Jason Simpkins The U.S. Federal Reserve cut the discount rate to 5.75% Friday, and in a statement indicated that it is "prepared to act as needed...

Mexico's 2.8% Q2 Growth Masks Possible Economic Problems

By Mike Caggeso While Mexico's economy grew at a 2.8% in the second quarter - snapping a four-quarter streak of economic deceleration - experts are...

Asian Markets: Pounded in Friday, Soar Today

From Staff Reports Asian shares were pounded Friday in the wake of continued turmoil in the global credit markets. But then they soared today...

China Insists it Won't Dump its Dollars

From Staff Reports China's ambassador to the United States has taken steps to assure Congressional leaders that China has no plans to dump its U.S....

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